Example

Suppose we are interested in the mean calorie or mean sodium content of hot dogs. It would be difficult to obtain measures of calorie and salt content for ALL hot-dogs. However, we can use the Hot dogs data file that we discussed earlier. This data contains a sample of 54 major hot dog brands. Some of the interesting population parameters are the calorie-mean, sodium-mean, calorie-variance and sodium-variance between hot-dogs. These measures may be estimated from the sample using the corresponding sample-statistics (sample-averages and sample-variances).